125 Crescent Lake Road

St. Clair, MO 63077

$1,700,000
Price
Beds
Baths
18,866 Sq. Ft.
$90 / Sq. Ft.
18,866
Sq. Ft.
$90
per Sq. Ft.

Description

This 24-unit apartment complex is located in the heart of St. Clair in Franklin County situated near I-44, Gravois, and plenty of shopping and other amenities,. It features two well-maintained buildings constructed in 1986, offering a total of 18,886 square feet of revenue-generating potential. Unit mix is 8 1-bed/1-bath (567 sf) and 16 2-bed/1-bath units (714 sf). About 50% have been updated with LVP flooring and stainless appliances; others with carpet/vinyl flooring and mixed appliances provide...This 24-unit apartment complex is located in the heart of St. Clair in Franklin County situated near I-44, Gravois, and plenty of shopping and other amenities,. It features two well-maintained buildings constructed in 1986, offering a total of 18,886 square feet of revenue-generating potential. Unit mix is 8 1-bed/1-bath (567 sf) and 16 2-bed/1-bath units (714 sf). About 50% have been updated with LVP flooring and stainless appliances; others with carpet/vinyl flooring and mixed appliances provide value-add opportunity. Property features newer vinyl windows, exterior entrance, electric water heaters, circuit breaker panels, and 48 parking spaces. Coin-operated laundry facility generates $290/month (included in income).  Gross income = 187,584, expenses = 45,884, and NOI = 141,700 - a 8.33% cap rate at asking price. With its location, updates, 100% occupancy, and NOI, this property has plenty to offer.  Ask your agent/broker for the financials located in the supplements.
  1. Listed by Tammy Derrigan • Worth Clark Realty

Property Details for 125 Crescent Lake Road

Cross Street
Sycamore Lane
LISTING UPDATED: 01/26/2025 03:36 PM

Property Details for 125 Crescent Lake Road

StatusActive
MLS #25003997
Days on Market41
Taxes$12,413 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1986
Lot Size1.50 AC / 65,340 SF
CountyFranklin County

Building Information for 125 Crescent Lake Road

Stories-Residences24Year Built1986Building Size-Lot Size1.50 AC / 65,340 SF

Property Information for 125 Crescent Lake Road

Summary
Location and General Information
  • City: St Clair
  • County Or Parish: Franklin
  • Directions: GPS friendly.
  • Latitude: 38.333305
  • Longitude: -90.988464
  • Postal Code: 63077
  • State Or Province: MO
  • Sub division Name: none
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Prop Asses City Tax: 0
  • Parcel Number: 22-7-350-4-099-028400
  • Tax Annual Amount: $12,413.00
  • Tax Legal Description: TOWER PARK APARTMENTSPT SE SE N OF LAKE SHORE DR
  • Tax Year: 2023
Owner
  • Township: St. Clair
  • Owner Name: Could be you!
Parking
  • Attached Garage: No
  • Parking Features: Space/Unit - 2+, Parking Lot
School Information
  • Elementary School: St. Clair Elem.
  • High School: St. Clair High
  • High School District: St. Clair R-XIII
  • Middle Or Junior School: St. Clair Jr. High
Property
Lot Information
  • Lot Size Acres: 1.5
  • Lot Size Dimensions: IRR
  • Lot Size Source: County Records
  • Lot Size Square Feet: 65340.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 18866.0
  • Above Grade Finished Area Source: Appraiser
  • Documents Count: 3
  • Photos Count: 16
  • Videos Count: 0
  • Year Built: 1986
  • Disclosures: Unknown,Flood Plain No
  • Age: 39
  • Construction Materials: Brk/Stn Veneer Frnt, Vinyl Siding
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cable Available: 1
  • Cooling: Wall Unit(s), Ceiling Fan(s)
  • Heating: Baseboard
  • Heating YN: Yes
  • Laundry Features: Coin Operated
Multi Family
Multi-Family Information
  • Number Of Units Total: 24
  • TYPE: Apartment Complex,Apt Bldg/Exterior En
Income & Expenses
  • Net Operating Income: $141,700.00
  • Total Expenses: 45884.00
Rental
Rent Information
  • Lease Term: Leases, Month To Month
  • Sub Lease: 0
  • Tenant Pays: Electricity, Gas

Property History for 125 Crescent Lake Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 125 Crescent Lake Road

Taxable ValueLand-Additions-Total-
Tax Record2024$12,228 ($1,019 / month)
Home Facts
Total Finished SqFt9,090 SqFtAbove Grade Finished SqFt9,090 SqFtLot Size65,340 SqFtStyleMiscellaneousYear Built1986CountyFRANKLINAPN22-7-35.0-4-099-028.400

Schools near 125 Crescent Lake Road

This home is within St. Clair R-Xiii School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
St. Clair Elementary School
PublicPK to 2

Edgar Murray Elementary School
Public3 to 5

St. Clair Jr. High School
Public6 to 8

St. Clair High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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125 Crescent Lake Road is a multi-family home for sale in St. Clair, MO 63077. This property was listed for sale on January 25, 2025 by Worth Clark Realty, it's currently listed at $1,700,000. This listing's school district is St. Clair R-Xiii School District. Nearby schools include St. Clair Elementary School, Edgar Murray Elementary School and St. Clair Jr. High School. 125 Crescent Lake Road is a 0-bed, 0-bath, 18,866 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Worth Clark Realty

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.